consent agreement

Pontiac School District OKs Consent Agreement, Avoids EM

The Pontiac School District is facing a roughly a $38 million deficit.

WWJ Newsradio 950–09/19/2013

Audit: Detroit’s Deficit Grew To Nearly $327M

An audit says Detroit’s accumulated general-fund deficit is nearly $327 million.

WWJ Newsradio 950–01/03/2013

Emergency Financial Manager Still On The Table For Detroit

Detroit’s budget deficit exceeds $200 million and Michigan treasurer Andy Dillion says the city’s finances are eroding quicker than expected.

WWJ Newsradio 950–12/05/2012

Mayor Dave Bing, left; with Andy Dillon. (WWJ Photo/Beth Fisher)

Bing Updates City Council On Planned Reforms

Detroit Mayor Dave Bing went before Detroit City Council on Monday, for the first time in months.

WWJ Newsradio 950–10/22/2012

Detroiters rally to keep Belle Isle on August 1, 2012. (WWJ Photo/Marie Osborne)

Detroiters Rally To Keep Belle Isle

Nearly 200 Detroiters gathered on Belle Isle to protest a state proposal to take control of the island under.

WWJ Newsradio 950–08/01/2012

Judge Dismisses Lawsuit Challenging Detroit Consent Agreement

A Wayne County Circuit Court judge has ruled the city of Detroit can move ahead with its consent agreement with the state.

07/26/2012

Detroit Mayor Dave Bing is seen with members of Detroit City Council. (WWJ Photo/Pat Sweeting, File)

Detroit Mayor Imposes Union Contract Changes, Wage Cuts

A 10 percent employee wage cut and work rule changes are being imposed by Detroit Mayor Dave Bing under a plan to get the city’s finances under control.

WWJ Newsradio 950–07/18/2012

(WWJ Photo/S.L. Stoddart)

Detroit Financial Board OKs Plan For Union Cuts

A board created to help Detroit Mayor Dave Bing repair the city’s broken finances has approved his plan to make more than $100 million in cuts to the unionized workforce.

WWJ Newsradio 950–07/13/2012

Judge Denies Request To Revisit Consent Deal Suit

A judge has declined to reconsider an earlier ruling that dismissed a lawsuit challenging a financial stability agreement between Detroit Mayor Dave Bing and the state of Michigan.

WWJ Newsradio 950–07/11/2012

(credit: istock)

Bank Extends Detroit Deadline, Delays Cash Crunch

A bank is extending a deadline on a bond transaction that will let the city of Detroit get most of June’s revenue sharing payment from the state.

WWJ Newsradio 950–07/04/2012

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